Bisnode’s acquisition of Lindorff Match closed

Bisnode announces the closing of its acquisition of Lindorff Match from Lindorff Group.

The acquisition of Lindorff Match AS has been approved by the relevant competition authorities. The transaction is effective as of May 2, and includes 90.1 per cent of the shares in Lindorff Match with an option to acquire the remaining holding from the minority shareholders.

Lindorff Match offers advanced and flexible solutions for marketing information. Lindorff Match is a growing and profitable company based in Oslo, Norway, with annual revenue of SEK 38 million in 2010 and 15 employees.

“The company is strategically important and we expect to realise significant synergies from the acquisition and the new business situation it creates,” says Johan Wall, president and CEO of Bisnode.

When Bisnode agreed to acquire Lindorff Match, Bisnode also signed an agreement to acquire the credit solutions company Lindorff Decision. However, this part of the transaction is still pending approval from the relevant competition authorities.